Tag: Hong Kong

November 17, 2021

FedEx Corp. is shutting its crew base in Hong Kong, the world’s busiest international cargo hub, and relocating its pilots as the city considers stricter measures on flight crews to curb the spread of COVID. While the crew base will […]

August 28, 2020

Total throughput dropped by 3.6 per cent to 57.6 million TEU in the first half of the year, while equity throughput declined by 6.6 per cent to 18.1 million TEU as a result of the lower demand. Additionally, total throughput […]

August 17, 2020

According to local media outlets, the virus was most probably picked up from communal resting facilities and dormitories, where social distancing measures are difficult to implement as dozens of workers can be confined to the same place at the same […]

May 28, 2019

The shipowning arm of state-owned China State Shipbuilding Corporation (CSSC) said it will issue 1.534 billion new shares. According to the company’s filing, the shares are expected to be priced at HKD 1.34 – HKD 1.42 per share. The final […]

October 30, 2018

For the quarter, the company’s revenue jumped by 62.6 percent to USD 253 million from USD 155.6 million, as profit attributable to equity holders increased by 11.8 percent to USD 75.1 million from USD 67.2 million. Due to a slowdown […]

October 11, 2018

Handysize and Supramax daily time-charter equivalent (TCE) earnings were USD 10,080 and USD 12,180 per day net respectively in the third quarter, representing an improvement of 24% and 30% year-on-year. The company further added that year-to-date average Handysize and Supramax […]

May 14, 2018

On May 14, 2018, PB Vessels Holding Limited, a subsidiary of the company, entered into four separate ship contracts for the purchase of vessels. Bulkers in question are a 58,000 dwt Supramax built in 2010, a 64,000 dwt Supramax resale […]

December 21, 2016

Driverless trains developed by a domestic company will start operating on a new subway line in Hong Kong by month’s end, reported China Daily Asia. A fleet of 10, three-car driverless trains, manufactured by CRRC Changchun Railway Vehicles Co., will […]